Use the information to answer the given question.

D
Opening stock: raw materials 10,000
work-in-progress 16,000
Purchases of raw materials 95,000
Direct labour wages paid 13,500
Royalties paid 6,200
Accrued wages 2,800
Closing stock: raw materials 7,500
work in progress 8,500
Manufacturing overhead 10,000

 

Prime cost is?

A. D120,500
B. 117,700
C. D114,900
D. D114,300

Correct Answer: Option B

B. 117,700

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